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Ref: BGA-40619
Property marketed by Vivacosta
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Villa for sale in Moraira, south oriented and located in a quiet residential area. On the ground floor there is an entrance hall, a lounge with a fireplace, a fully equipped kitchen, a dining room, a double bedroom with en-suite bathroom and the master bedroom with dressing room and en-suite bathroom. Downstairs there is a second living room with an American kitchen, a third double bedroom with en-suite bathroom. There is another 4th bedroom, storage space and a garage. Outside there is a Mediterranean garden with a beautiful swimming pool and a driveway.
Property Features
- 4 bedrooms
- 3 bathrooms
- 220m² Build size
- 800m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
93,500€
Final Payment of 90% on completion
868,500€
Property Purchase Expenses
Property price
965,000€
Transfer tax 8%
77,200€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.